Investment
in Central America
Thursday, May 24, 2012
The Panamanian Chamber of Commerce supports the creation of a sovereign fund and recommends separate discussion of matters relating to limiting the fiscal deficit.
A statement from the Chamber of Commerce, Industries and Agriculture in Panama (CCIAP) reads:
Tuesday, May 22, 2012
Most investment promotion agencies are not responding to national enquiries by investors in the key sectors of agribusiness and tourism.
From a press release from the World Bank
According to Best Practices Study of Global Investment Promotion (Global Investment Promotion Best Practices) 2012 World Bank, 80 percent of investment promotion agencies are not responding to national enquiries by investors in the key sectors of agribusiness and tourism, despite the fact that countries are competing to attract investment.
Tuesday, May 22, 2012
Governments should act as good parents, thinking about the welfare of future generations, not just about the next election.
Governments should act as good parents, thinking about the welfare of future generations, not just about the next election.
In his article in Martes Financiero, Oscar Castaño Llorente discusses the rationale of the proposed creation of the Panama Savings Fund (FAP in Spanish), not only in its philosophical scope, but also in the practices of the present and future.
Tuesday, May 22, 2012
Guatemala needs to invest $400 million a year in new generating plants in order to add 1,685 megawatts to the electricity supply in 2026.
Of these 1,685 MW, 1,110 would be provided by hydropower, 300 from geothermal plants, and 275 with the use of coal, said Carlos Colom, president of the National Energy Commission (CNEE).
Monday, May 21, 2012
With a secondary market with little dynamism, competition for customers is increasing, with operators opting for different strategies.
Jorge Velez, manager of Interbolsa Panama, Santiago Fernandez, president of SFC Investment Company, and Arthur Mirando, vice president of Thales Securites, analyze the last year’s results of their respective companies, the stock market behavior, and strategies that they have adopted in order to grow.
Monday, May 21, 2012
As in other Central American countries, Colombian transnationals have markedly increased their participation in various sectors of the Costa Rican economy.
Investments in recent years in Costa Rica by Colombian companies have already reached $3,400 million in various sectors such as banking, paint, supermarkets, candy, and tourism.
33% of it focuses on production and sale of paint nationwide, they control 15% of Costa Rican bank credit, and besides this, they own a fifth of the large supermarkets, according to Elfinancierocr.com.
Monday, May 21, 2012
Companies in the real estate, energy and finance sectors, up to May 2012, have been working towards raising capital through the Panama Stock Exchange.
Inmobiliaria Don Antonio (commercial sector, $100 million), Hydro CAISAN (energy) and Allied Factoring (finance, $50 million) are at the top of the list of issuers that have registered deals with the Superintendency of Securities of Panama, which added together total $280 million in corporate bonds.
Monday, May 21, 2012
Despite the enormous potential in gold, nickel, tin and other light metals, the mining sector is not consolidated due to lack of strategic planning and public policies.
A study by the Fraser Institute puts Guatemala in position 74 out of 79 countries evaluated according to the favorability, or not, of the environment for mining. It is a very low position which suggests that it has unattractive conditions for investment.
Monday, May 21, 2012
Amendments to the Law on Free Zones will define the rules of the game that employers in El Salvador need to know in order to increase their investments in the textile sector.
The newly formed cluster of synthetic fabric textile companies in El Salvador has temporarily stopped their investment plans in order to see what reforms will be made to the Law on Free Zones. In other words, they want "clear rules".
Friday, May 18, 2012
A workshop will be convened in June with South Korean entrepreneurs and tax incentives will be offered to their companies.
In June the government of Guatemala will convene a working group with representatives from South Korean firms in order to prepare business negotiations for allowing investments in the Central American country.
Friday, May 18, 2012
The financial potential of cooperatives in Guatemala will revolve around the development of renewable energy projects.
The groups belonging to the Guatemalan Confederation of Cooperative Associations, RL (Confecoop), have projects, funding and implementation programs for the construction of small hydroelectric plants, whose owners are cooperatives.
Thursday, May 17, 2012
Under conditions of high liquidity, primary market operations recorded $1.086 billion in the first quarter of 2012
Primary capital market operations registered $1.086 billion in the first quarter of 2012, while the secondary recorded $121.023 million in the same period.
There is now a high level of market liquidity, denoted by its trading volume during the first quarter of 2012: $ 1.227 billion, reports martesfinanciero.com.
Thursday, May 17, 2012
The International Services Act, which created the environment for the arrival of foreign banks, free zones and call centers, will be modernized.
The government of El Salvador is preparing amendments to the Law on International Services, which in its time allowed a multiplication of foreign investment in the financial, telecommunications and the maquila sector among others.
Thursday, May 17, 2012
Four Taiwanese industrial companies are investigating sites to set up plants in Central America, preferably in Guatemala, Honduras and El Salvador.
"Businesses are looking at free zones to establish their operations in Central America and distribute to other countries", said Carlos Liao, director of Central American Trade Office in Taipei, Taiwan. "Companies are interested in operations in the northern triangle countries: Guatemala, Honduras and El Salvador."
Wednesday, May 16, 2012
Developer Newland International Properties announced that on May 18 it will have updates on topics of interest to bondholders.
Newland International Properties Corp., developer of Trump Ocean Club, should have made the second payment of capital on the issuance of $220 million in bonds on 15 May but did not do so.
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